[204 GH/s] yourbtc.net closing it's doors on 2011-12-08

Graet

vip

Activity: 980

Merit: 1001

Quote from: coretechs on December 28, 2011, 02:21:25 PM

Any word on releasing the source? I'm still hoping someone will take over and continue development as this was really a fantastic pool.

urstroyer allowed and helped Ozcoin to setup the frontend, we are continuing to develop it. Also we carried the NMC/BTC conversion over.

I will ask next I see him if he is planning to open source still

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: Pontius on February 22, 2012, 02:17:36 AM

Quote from: bizzy on February 21, 2012, 07:17:18 PM

Quote

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...

What are you talking about??? The final payout ("psdeudo block") was done in December. There was a big announcement on the YourBTC.net frontpage for weeks...

I guess he meant there's no permanent record of this fact here on bitcointalk. But I guess you've just provided it.

Pontius

full member

Activity: 225

Merit: 100

Quote from: bizzy on February 21, 2012, 07:17:18 PM

Quote

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...

What are you talking about??? The final payout ("psdeudo block") was done in December. There was a big announcement on the YourBTC.net frontpage for weeks...

bizzy

newbie

Activity: 54

Merit: 0

Quote

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Disappointing there's been no further word on the final payout, now that the site seems to have closed - hopefully it's not a case of taking the money and running...

coretechs

donator

Activity: 362

Merit: 250

Any word on releasing the source? I'm still hoping someone will take over and continue development as this was really a fantastic pool.

ThiagoCMC

legendary

Activity: 1204

Merit: 1000

฿itcoin: Currency of Resistance!

Quote from: urstroyer on December 09, 2011, 03:07:06 PM

Thanks @all

I already received a couple of messages from people who are interested in either continue running the pool or interested in the pool frontend.

So i decided to make the pool frontend open source and public so everyone can use and customize it. It will take a couple of days until it's ready to be published.

The software is designed for Double Geometric Method only as it comes and the variables f, c and o can be set as you like.

Please, let us know when and where you'll release the source code of the site...

EclipseMC pool growing!!! Reach 180GHash!

SMS and PayPal cashout enabled pool!!

Thanks!
Thiago

urstroyer

full member

Activity: 142

Merit: 100

Thanks @all

I already received a couple of messages from people who are interested in either continue running the pool or interested in the pool frontend.

So i decided to make the pool frontend open source and public so everyone can use and customize it. It will take a couple of days until it's ready to be published.

The software is designed for Double Geometric Method only as it comes and the variables f, c and o can be set as you like.

Graet

vip

Activity: 980

Merit: 1001

it does take time, and for small reward
shame to see you go, yourbtc was looking like taking off
all the best with your future endeavours urstroyer
Graet

p.s. PM sent

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: Internet151 on December 08, 2011, 07:24:43 PM

Wow I'm really bummed out to see this pool go.

Are there any other pools out there with merged mining that automatically exchange namecoin to bitcoin for you?

Eclipse does this also and they have the same payout system.

Internet151

full member

Activity: 174

Merit: 100

Wow I'm really bummed out to see this pool go.

Are there any other pools out there with merged mining that automatically exchange namecoin to bitcoin for you?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

A sad day indeed. This pool seemed poised to become the new star. I completely sympathize with your situation though, I only wish more people would realize running a pool properly is serious business.

Quote from: Inaba on December 08, 2011, 01:14:00 PM

The only other banner waving in the DGM camp Sad

No need to give up hope, I know of at least 2 pools which are considering switching. PPLNS is also fine, as is PPS if the fees are kept reasonable. There's a promising new pool in the PPS scene, though it seems it wasn't announced here so I'm not sure I'm at liberty to mention it.

Quote from: urstroyer on December 08, 2011, 12:08:47 PM

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

You are doing it wrong (I mean, this can work too, but there's a proper way to do it). From each miner's score you can calculate his expected pending payout. If the pool closes you need to pay this amount to everyone (like cashout, but with no fee since it is you who initiated the shutdown). By so doing you are paying back the stochastic loan you took from miners when you started the pool. The pool was a model for DGM in life, let it be one also in death.

Inaba

legendary

Activity: 1260

Merit: 1000

Man, sorry to see your go urdestroyer. The only other banner waving in the DGM camp Sad

Hope all goes well for you.

teukon

legendary

Activity: 1246

Merit: 1011

I'm sorry to see this pool likely come to an end so soon but I'm definitely glad that you're not allowing this project to cut too deeply into your own life.

I hope you had fun creating and growing this pool

. I certainly had fun helping.

Hotdog453

full member

Activity: 121

Merit: 100

Sad to see you close your doors Sad

urstroyer

full member

Activity: 142

Merit: 100

yourbtc.net closing it's doors on 2011-12-08

Hello fellow miners,

it was really a hard decision for me but i'am going to close this pool within the end of day.

I underestimated the amount of time it takes to operate that pool and can't combine it with my fulltime job and private life any longer.
If anyone is interested in taking over the pool, just let me know.

When the poolserver has been shut down, the pool will generate additional "pseudo blocks" on current difficulty until your credit reaches less than 0.00000001 BTC.
So you will receive some additional payouts, just like you would have stopped mining for a while.

Please don't be sad, there are lots of other great pools out there:

- Eclipse MC (http://www.eclipsemc.com) another great double geometric payout pool
- Bitminter (http://www.bitminter.com) another really cool pool, the webfrontend and charts are awesome
- ABCPool (http://www.ABCPool.co) 0% pps, those guys who run this pool have to be crazy not taking a fee

I would like to thank all of you, who trusted in yourbtc.net! Special thanks to Meni who consulted me very well and invented this awesome DGM payout method.

@Mods: please unstick me again, i think Eclipse MC is the pool, that should be sticked instead. Thanks and sorry for inconvinience.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: likuidxd on December 07, 2011, 11:40:46 PM

-I apologize, I can't stand reading Meni

Is there anything I can do to change this?

likuidxd

sr. member

Activity: 476

Merit: 500

Came to check you guys out, old IRC pal from ARS is here;
Whats up GigaVPS!

You guys seem to be moving along very well. Debating a change...I know it's lazy but, ~~can you reiterate your payment method~~, more importantly could you just reiterate equation?

-I apologize, I can't stand reading Meni

ocminer

legendary

Activity: 2688

Merit: 1240

Hey urs,

just wanted to let you know the new server is doing a really good job, keep up the good work !

teukon

legendary

Activity: 1246

Merit: 1011

Quote from: plastic.elastic on December 05, 2011, 09:46:28 PM

Why is this pool not on the top 10 list?

Mods got no love for you?

Perhaps the mods just haven't been on for a long time. It's not a big worry though. The fact is, even unstickied, this pool has quickly swelled to the size of arsbitcoin.com and eligius.st.

plastic.elastic

full member

Activity: 168

Merit: 100

Why is this pool not on the top 10 list?

Mods got no love for you?

Topic: [204 GH/s] yourbtc.net closing it's doors on 2011-12-08 (Read 19910 times)